Carillion was a form of Ponzi scheme
In this, my second interview with Kam Sandhu of Real Media, I was asked about the collapse of the construction […]
PWC
Pressure grows on RBS as victims of restructuring scandal cry foul at “conflicted” advisors
A former Aberdeen oil firm owner who accuses RBS of “stitching up” his business has criticised the bank for appointing
Chuka Umunna: PWC’s useful idiot?
I’ve long wondered how committed the Labour shadow business secretary and MP for Streatham Chuka Umunna really is to UK
The Business Herald 2013 Review – Professional Services
Two of the biggest developments in Scottish professional services in the past year came when global firms set up large
The “financial terrorism” of Royal Bank of Scotland
Another of the banking scandals I’ve been covering for more than three years is gaining a wider audience, following the
Robert Jenkins: Puncturing the bankers’ myths
Robert Jenkins has blown apart the self-serving myths peddled by banks and their lobbyists since the financial crisis, explaining how
Corruption allegations, major fraud inquiries, links to pornographic magazines … and a luxury yacht. Welcome to the world of banking 2012
Police are poised to press charges against several HBOS bankers and consultants after a two-year investigation into large-scale fraud, money
The Worst Bank in the World? HBOS’s Calamitous Seven Year Life
Lessons must be learnt from the short and calamitous history of HBOS, the bank which effectively went bust in September
Where did it all go wrong for Clydesdale and Yorkshire Banks?
The allegations of “a black hole”, “reckless commercial property lending in 2005-07”, “dodgy accounting” etc at National Australia Bank’s UK
KPMG and the HBOS whistleblower
KPMG was already auditing Halifax when the ex-building society merged with Bank of Scotland a decade ago, and the audit
Looks like Fred Goodwin may face criminal charges after all
The FSA spent an estimated £10m on its report into the failure of RBS, including £7.7m paid to ‘Big Four’
Accountancy lost sight of its primary role to the detriment of us all
Accountancy has changed beyond recognition since the 1970s. At that time the accountancy professor Roy Sidebotham wrote: “There seems to be
Irish bailout seems to unravel before it’s even announced
You know that things must be getting desperate in Ireland when significant numbers of the country’s population want to draft
Banking’s Abu Ghraib
A fourth person has been arrested in relation to Thames Valley Police’s investigation into “corruption and large-scale fraud in connection
Is BGC Partners being honest about its Mint deal?
David Mills, the founder of Core Enterprise Management and Quayside Corporate Services, is a past master of prepackaged administrations and
Bust air firm may provide key to HBOS “controls failures”
Directors of an aviation business that crash-landed owing HBOS £113 million in September 2007 were allowed to buy the business
The secrets and lies of Gordon Brown
Gordon Brown recently branded Goldman Sachs “morally bankrupt” and asked the FSA to investigate it. Yet he has turned a
WAITING GAME
Potential vendors are waiting for a recovery, potential acquirers are waiting for the bottom of the market and, as Ian
Scottish Agenda: The revolving door that shuts out taxpayers
Is the taxpayer losing out in pre-packaged administrations that leave state-owned banks swallowing debts? Can we call pre-packaged administrations —
Danger of death: Which audit firm will go down first?
The accountancy firms that audited our distressed banks are coming under increased scrutiny The partners of “Big Four” accountancy
Self-regulation puts the UK at greater risk
Toothless regulation of the accountancy profession, together with its increasing commercialisation in the UK, leaves Britain more at risk of